Greenwich Investment Research is an independent, value-based investment research service for portfolio managers. We produce three research products:

Hackett's Special Situation Report identifies and explains outstanding investment opportunities; accordingly, investment positions are consistently contrary to conventional wisdom at the time they are published. Special situation reports are distributed to clients as opportunities are uncovered.

Absolute Values identifies and explains sub-working-capital and/or low-multiplier investment opportunities that fall short of our special situations' hurdle but are prudent investments.

The Thoughtful Skeptic is published on weeks in which we do not publish one of our other reports and summarizes investment opportunities researched and discarded.

Achieving a thorough understanding of the financial statements, governance practices, business economics and valuation of investment candidates.
The goal at this stage is to identify all the risks entailed in a particular investment.

Developing inferences from data through the application of first principles.

Because the emphasis is on capital preservation, we aggressively look for reasons not to invest. The firm invests its own capital in every recommended transaction. The objective of our research is to move the investment process from decision making under uncertainty past decision making under risk toward
decision making under certainty.

Research produced by Greenwich Investment Research is available on a retainer basis. For more information or to become a client, please call 203-550-2853.